NIAC, NIA Merge

Two New York City-based international
trading companies — Nissho Iwai American Corp. and Nichimen America Inc. — have merged and formed
Sojitz Corp. of America (SCA), a subsidiary of Tokyo-based Sojitz Corp.

SCA provides end-to-end global trade management services to a broad range of companies
including textile and apparel, chemical, plastics, technology, machinery and others. Apparel
companies that use its services include Nike, Columbia Sportswear and Hanna Anderson.